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Jiayuan International expects up to 90% YOY profit increase for H1'18

Chinese real estate developer Jiayuan International Group Ltd. expects to record a year-over-year increase of about 70% to 90% in profit attributable to equity holders for the six months ended June 30.

The company also expects its revenue to increase by about 30% to 50% for the period.

The company attributes the increase to revenue from properties sold in prior fiscal periods and delivered during the six months ended June 30.